Investors are increasingly betting on a significant interest rate cut by the Federal Reserve amid signs of economic cooling and a major meeting looming just before the US election.

The Office for Budget Responsibility (OBR) has warned that state finances are on an unsustainable path due to persistent overspending, the costs of climate change, and the likelihood of additional economic shocks.

Donald Trump’s campaign is struggling to recover after significant blows were dealt by Kamala Harris during a televised debate, causing considerable concern among Republican supporters and leading to a noticeable shift in polling numbers.

Apple has been ordered by the EU court to pay €13 billion in back taxes to Ireland, following a final ruling in a state aid dispute with Brussels.